ASX 200 slides: 11 shares you should have been watching

Volatility subsided during today’s session following Wednesday’s selloff. The main bourse still ended the day in the red, although only by a slight margin.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.1% to 5225 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.1% to 5306 points
  • AUD/USD at US 76.63 cents
  • Iron Ore at US$65.31 a tonne, according to the Metal Bulletin
  • Gold at US$1,304.91 an ounce
  • Brent oil at US$47.35 a barrel

Shares of Australia and New Zealand Banking Group (ASX: ANZ) rose 0.6% after it released its full-year earnings results this morning. By comparison, Commonwealth Bank of Australia (ASX: CBA) and Westpac Banking Corp (ASX: WBC) fell 0.8% and 0.5%, respectively.

Woolworths Limited (ASX: WOW) also fell, shedding 0.4%.

Retail business Adairs Ltd (ASX: ADH) crashed 42% following a disappointing trading update after the market closed on Wednesday.

Other shares that felt the market’s wrath included Fairfax Media Limited (ASX: FXJ), down 4.3%, REA Group Limited (ASX: REA), down 3.8%, and Boral Limited (ASX: BLD), down 5.2%.

On a more positive note, Domino’s Pizza Enterprises Ltd. (ASX: DMP) shares rose 4.7%, while Mayne Pharma Group Ltd (ASX: MYX) soared 7.9%. Vocus Communications Limited (ASX: VOC) also gained 2.9%.

Here are Thursday’s top stories:

  1. Adairs Ltd bombs on shock profit downgrade
  2. Why profits just crashed at Australia and New Zealand Banking Group
  3. Why these 4 ASX shares are getting slaughtered today
  4. Here’s why Mayne Pharma Group Ltd shares are going gangbusters
  5. 3 ASX shares to beat the Trumper Tantrum
  6. Shares in NIB Holdings Limited & Medibank Private Ltd could be about to fall

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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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